Top Gainers and Losers: Coffee and the Australian Dollar

Growth Leaders - global market

Over the past 7 days, the US dollar index rose for the second time in anticipation of a tightening of U.S. monetary policy. Federal Reserve. The Australian dollar weakened after the RBA Meeting Minutes and weak June retail sales data. Investors fear that the Reserve Bank of Australia will change its mind about cutting the economic stimulus program. Its next meeting will be on August 3. A meeting of the South African Reserve Bank took place on July 22. He kept the rate at 3.5%, but at the same time raised the forecast for South African GDP growth to 4.2% and lowered the inflation forecast to 4.3% (4.9% in June). This helped to strengthen the South African rand. The Canadian dollar weakened against the background of the correction in world oil prices. Coffee quotes have skyrocketed since November 2014 due to bad weather in Brazil. Conab expects Brazil's coffee harvest to decline this year by 23% to a 4-year low of 48.8 million bags.

Loss Leaders - global market

1. China Evergrande Group – Chinese investment, development and construction company

2. &SumOIL/GAS – personal composite tool Brent and WTI against US natural gas.

Growth Leaders - foreign exchange market (Forex)

1. EURAUD, EURGBP - the growth of these charts means the strengthening of the euro against the Australian dollar and the British pound.

2. USDNOK, NZDCAD - the rise in these charts means weakening of the Norwegian krone and the Canadian dollar against the US and New Zealand dollars.

Loss Leaders - foreign exchange market (Forex)

1. AUDNZD, AUDJPY - the drop in these charts means a weakening of the Australian dollar against the New Zealand dollar and the Japanese yen.

2. AUDCHF, USDZAR - the decline in these charts signifies the strengthening of the Swiss franc against the Australian dollar and the strengthening of the South African rand against the US dollar.